The parent of American United Life Insurance Company has announced plans to acquire a Virginia life insurer.
OneAmerica Financial Partners Inc., Indianapolis, says it will acquiring Shenandoah Life Insurance Company, Roanoke, Va., through a merger.
Shenandoah Life would join American United and other companies, such as the State Life Insurance Company and Pioneer Mutual Life, as OneAmerica subsidiaries.
Shenandoah was founded in 1914. It sells individual life and annuity products as well as employee benefits products.